A revamped stretch of downtown Albany is set for a splash of local history.

The new owner of the Fort Orange General Store announced Monday he'd relocate the storefront to the first floor of the Argus Building on Broadway, where a spate of renovation and construction projects has turned the corridor into a retail hot spot.

"We're bringing (the store) downtown because with the growth in the residential population that's growing there ... and the investments made at the Capital Convention Center, it's really important to involve a retail location," said Schuyler Bull, who bought the popular retailer last year and, with supporting grants from the Capitalize Albany Corp., is relocating from the original Delaware Avenue location.

"The central location (in Albany) is downtown, and I wanted the new store to really fit that bigger picture," said Bull, who also works as the assistant director of the Downtown Albany Business Improvement District.

The location, which is a 5-minute walk from the original Fort Orange, built by the Dutch West India Company in 1624, will help customers "connect with the history of the city of Albany" and its once-vibrant downtown retail sector, he said.

The Argus Building itself is no stranger to renovation, with 40 apartments added there since 2014.

The move comes amid a growing focus on downtown by local development officials, who have staked out the area near Times Union Center as the epicenter of redevelopment plans. The stretch had over time become dotted with dilapidated and vacant buildings but has in recent years had new life breathed into it by private and public ventures.

The store serves as a "destination in Albany's newest neighborhood ... providing high quality goods that today's downtown residents and conventiongoers desire," Georgette Steffens, executive director of the Downtown Albany Business Improvement District, said in a news release announcing the store's new location. "Investment like this is a proven economic driver."

Bull said he'll still sell the local accessories and home decor products from the old Fort Orange store, and has plans to host events and workshops in the new space.